Sheridan's Hotel opened for business on May 1, 2020. Its trial balance before adjustment on May 31 is as follows. SHERIDAN'S HOTEL Trial Balance May 31, 2020 Account Number Debit Credit 101 Cash $3,400 126 Supplies 2,150 130 Prepaid Insurance 2,400 140 Land 13,000 141 Buildings 59,000 149 Equipment 15,000 201 Accounts Payable $4,800 208 Unearned Rent Revenue 3,300 275 Mortgage Payable 40,000 301 Owner's Capital 41,500 429 Rent Revenue 10,100 610 Advertising Expense 600 2.300 208 Unearned Rent Revenue 3,300 275 Mortgage Payable 40,000 301 Owner's Capital 41,500 429 Rent Revenue 10,100 610 Advertising Expense 600 726 Salaries and Wages Expense 3,200 732 Utilities Expense 950 $99,700 $99,700 inte for Ch SHERIDAN'S HOTEL Adjusted Trial Balance Debit Credit $ Totals Cash No. 10 Date Explanation Ref. Debit Credit Balance May 31 Balance 3400 Supplies No. 126 Date Explanation Ref. Debit Credit Balance May 31 Balance 2150 May 31 Adjusting 31 1350 800 Prepaid Insurance No. 130 Balance Date Explanation Ref. Debit Credit May 31 Balance V 2400 May 31 Adjusting J1 200 2200 Land Date Explanation Ref. Debit Credit No. 140 Balance May 31 Balance V 15000 Buildings No. 141 Date Explanation Ref. Debit Credit Balance May 31 Balance Accumulated Depreciation- Buildings Date Explanation Ref. Debit Credit May 31 Adjusting 01 Equipment Date Explanation Ref. Debit Credit May 31 Balance Accumulated Depreciation- Equipment 295 Date Explanation Ref. Debit Credit May 31 Adjusting 31 125 Accounts Payable Date Explanation Ref. Debit Credit May 31 Balance V Unearned Rent Revenue Date Explanation 59000 No. 142 Balance Balance 295 No. 149 15000 Balance No. 150 Balance No. 201 No. 208 Ref Dabit Cradit May 31 Balance May 31 Adjusting Salaries and Wages Payable J1 2200 Date Explanation Ref. Debit Credit May 31 Adjusting J1 Interest Payable Date Explanation Ref. Debit Credit May 31 Adjusting J1 Mortgage Payable 700 200 33 11C No. Balance Balance 700- No. Z 200 No. 27 Balance Date Explanation Ref. Debit Credit May 31 Balance 40000 Owner's Capital No. 301 Date Explanation Ref. Debit Credit Balance May 31 Balance Rent Revenue 41500 No. 429 Date Explanation Ref. Debit Credit Balance May 31 Balance Depreciation Expense Date Explanation Ref. Debit Credit Balance May 31 Adjusting J1 125 Supplies Expense Date Explanation Ref. Debit No Credit Balance May 31 Adjusting J1 1350 135 Interest Expense Date Explanation Ref. Debit No. Credit Balance May 31 Adjusting 31 200 200 Insurance Expense Date Explanation Ref. Debit May 31 Adjusting 01 200 No. 72 Credit Balance 200 Salaries and Wages Expense No. 726 Date Explanation Ref. Debit Credit Balance May 31 Balance 0200 Insurance Expense Date Explanation Ref. Debit Credit Balance 200 May 31 Adjusting 31 200 Salaries and Wages No. 72 Expense Date Explanation Ref. Debit Credit Balance May 31 Balance 3200 May 31 Adjusting 31 700 Utilities Expense Date Explanation Ref. Debit May 31 Balance Tevthook and Madin 3900 No. 732 Credit Balance 950